The rupee is likely to get a boost from the government’s PSU bank recapitalisation programme which is expected to support private CapEx recovery and increase foreign investor interest in domestic equity markets, says a report. According to the global financial services major, “stronger growth and INR correlations with equities are supportive of further currency gains”. …

The key Indian equity market indices traded on a flat-to-negative note during the early morning trade session on Tuesday, as low volumes and profit booking subdued investors’ sentiments. According to market observers, heavy selling pressure in the automobile, metals and FMCG stocks led to the slide. However, positive Asian indices aided the equity markets’ to …

Expectations of a monetary policy easing, coupled with hopes of healthy quarterly results and broadly positive global cues, buoyed the key Indian equity indices — NSE Nifty and BSE Sensex — during the morning trade session on Tuesday. According to market observers, factors such as hopes of a lending rate cut by the Reserve Bank …

Caution ahead of the launch of the country's biggest indirect tax reform — the Goods and Services Tax (GST) — tightened the bear grip over the Indian equity markets, which settled in the negative territory for the third week in a row. Weak global cues and June derivatives expiry, too, added to the volatility in …

The Indian equity markets traded in the red during the mid-afternoon session on Friday as broadly negative global cues, coupled with caution ahead of the Goods and Services Tax (GST) implementation and heavy selling pressure in automobile, capital goods, oil and gas and banking stocks subdued investor sentiments. At 1.00 p.m., the wider Nifty of …

Domestic cues such as progress on the upcoming taxation reform – GST- and a strong Rupee buoyed the Indian equity markets on Friday. According to market observers, healthy buying in automobile, metal and banking stocks lifted the key equity indices to provisionally close on a flat-to-positive note. However, investors remained cautious amidst uncertain global cues, and …

Indian equity markets traded on a flat-to-negative note during the mid-afternoon trade session on Friday as investors booked profits and automobile, consumer durables and capital goods stocks faced heavy selling pressure. The key indices, which opened on a higher note following a rebound in global cues and the Goods and Services Tax (GST) Council's fitment …

Clarity on GST sub-rates along with ongoing quarterly results season and a firm Rupee are expected to influence investors' sentiments in the equity markets, market observers have opined. According to analysts, the outcome of the GST Council's meet, slated to be held on May 18-19 in Srinagar, will be a "crucial determining" factor for indices' …

Stock market is all about making handsome gains in a short span of time with small investments, that is what most believe. And why not, the Sensex and Nifty have climbed 20 per cent and 22 per cent respectively in the last one year, from March 15, 2016 to March 14, 2017. If you are …

The rupee again broke below the 68-mark by depreciating 24 paise to trade at 68.20 against the dollar in early trade at the Interbank Foreign Exchange, due to increased demand for the American unit from importers and banks. Moreover, sustained capital outflows and dollar's strength against some other currencies overseas also weighed on the local …

Positive global markets, coupled with lessened chances of a US rate hike buoyed the Indian equity markets during the early morning trade session on Wednesday. The wider 51-scrip Nifty of the National Stock Exchange (NSE) inched up by 10.70 points or 0.12 per cent to 8,953.70 points. The barometer 30-scrip sensitive index (Sensex) of the …

The Punjab Police has arrested the chief of the state’s Gau Raksha Dal — a cow protection group — on charges of assault, wrongful restrain, sodomy, extortion and looting, a police official said on Sunday. Satish Kaumar was arrested by the Patiala district police in Uttar Pradesh’s Vrindavan town following a raid, the official added. …